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Alistair Darling refused last night to bow to demands by town halls, police authorities and charities to protect £1 billion of taxpayers’ money held in collapsed Icelandic banks.
Read this from the FT. While the article is well written and researched, the only conclusion that I could reach from this was, the CDS mess is coming down the road, and nobody, but nobody, knows or understands what happens...
Gordon Brown tonight described the behaviour of the Icelandic government over its bank collapses as "totally unacceptable" and said the Government is considering legal action.
Town hall officials were meeting Government ministers this afternoon to demand help in recovering hundreds of millions of pounds invested by councils in collapsed Icelandic banks.
Town hall officials will meet ministers to discuss their demands for help in recovering hundreds of millions of pounds invested by councils in collapsed Icelandic banks.
Town hall officials will meet ministers to discuss their demands for help in recovering hundreds of millions of pounds invested by councils in collapsed Icelandic banks.
I have mentioned in the past my fondness for appalling writing. The purpler the prose, the happier I get. Imagine my delight when Stumbleupon brought me to a page of the Top 15 Bad Romance Novel Opening Lines. "The heaving waves on the vast, ink-black ocean sent a salty spray over the proud bow of the three-masted ship, leaving beads of water on the exposed alabaster skin above the bodice of the tall,...
West Ham’s financial situation seems to be going from bad to worse. It is now almost certain that Gianfranco Zola will have to sell players in January. But they are still not exploiting a revenue stream since sponsors XL went bust so we thought we would set them up with Brighton and Hove Albion’s old [...]
It might have been men against boys in this EDF Energy Cup tie, but Llanelli, or Scarlets as they now style themselves, certainly headed home knowing they had been in a game.
Cocaine gang jailed for 20 years 9:11am Saturday 4th October 2008 Comments (2) Have your say » By Paul Cahalan » Five members of a drugs ring, which supplied vast quantities of cocaine to areas across South East England, were jailed for a total of 20 years yesterday. Surrey Police smashed the ring after a series of undercover stings, which allowed officers access to the gangs network, and the drugs....
There's plenty of time today to get yourselves down to the Market Place for the Food Festival. Sandy, AJ and I went down yesterday - the town centre was packed, despite the Autumn chill. The food tent in the Market Place (video'd above) was heaving and trade seemed to be brisk. The weekend is a showcase for our local and regional producers - everything from bread, cheese and pickles to dairy products...